Markel Corporation (MKL) Misses Q3 EPS by 178c

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Markel Reports Third Quarter And Nine-Months Results

October 25, 2017 4:46 PM EDT

RICHMOND, Va., Oct. 25, 2017 /PRNewswire/ -- Markel Corporation (NYSE: MKL) reported book value per common share outstanding of $641.20 at September 30, 2017, up 6% from $606.30 at December 31, 2016. Comprehensive loss to shareholders was $19.9 million for the third quarter of 2017 compared to comprehensive income of $89.2 million for the same period of 2016. Comprehensive income to shareholders was $545.7 million for the nine months ended September 30, 2017 compared to $696.1 million for the same period of 2016. The combined ratio was 134% for the third quarter of 2017 compared to 98% for the third quarter of 2016. The combined ratio was 108% for the nine months ended September... More